ARKBTC trade ideas
ARK Breakout Requirements: 4Hr Time Frame AnalysisARK is testing its current support at at 38,800 satoshis.
If it can produce some green candles to confirm this reversal, then it will be a great entry signal. Alternatively, you could enter when it breaks 43k and ride it to 48k test (or hold for it to break)
It should test the resistance at 43k/48k.
If it can break those resistance levels, then it could continue up to 60k for Wave 3 as discussed in my previous analysis.
I will keep you all posted on the developments that I see.
I have entered a position into ARK as my largest hold. Let's hope this works out as planned!
DISCLAIMER:
Take this advice at your own risk. Good luck and happy trading everyone! :)
[BTFD] ARK/BTC Buy the F**king Dips! Dec breakout/mobile walletARK is an awesome platform and project, been using the wallet and start harvesting more lovely ARK tokens - its on my top 10 list for 2018
ARK has been in a collection period for a few weeks now after the ATH back in mid-September and has been bouncing off supports and resistances when volatile
if ARK breaks the red line support, expect to reach 0.00062, recorrection and then towards December, a possible ATH is on the cards
Indicators showing bullish sentiment, but of course if BTC pumps then ARK will be kept under 0.00052, if so sell at the resistance and rebuy on the bounce from 0.00035 - 0.00042 BTC
ARK has it mobile wallet very close to being released, this could be enough to break the strong resistance
ark.io
arkecosystem.github.io
Keep on buying ARK dips all the way up and this will be a very little risk:reward scenario
Happy Trades 2 all
T3:Ark expermenting with line patterns Bit to chaotic tho tried to delete as much lines as possible :D , basicaly if u zoom out u clearly see inevitable break out so i deleted lines u dont need to draw so it will be more understandable , here im tryng to check if chart will move between frame i visualized tho i sense i made technical mistakes all the way with ark and line type chart
ARK-BTCDown Trend in Ark.
Descending Support Lines
Pink Trend Line is forming a possible triangle for a breakout.
RSI and MACD closing on the bottom.
First Support Line: 0.00036925 - Black Line ( If it continues on downward trend, we can find support here.)
Sell Points : 0.00046125
0.00042150 - Green Line / Resistance Line ( Previous Support Line)
0.00048875 Green Line / Resistance Line (Future Support Line)
0.00052150
Possible Bearish Gartley on ARKWith Bitcoin making all time highs recently, a lot of the altcoins have been taking a hit. On the daily chart, Ark has bounced from the 200 EMA, and that was the event which formed our point BC. Overall for Ark the future is bright, but once our targets get hit, i'm expecting a short opportunity, unfortunately there are not many exchanges that support margin trading for the majority of altcoins.
ARK Bulls in Control - Wave 3My 4 hour call was off but I was looking at this daily chart and I just realized that ARK showed a Bullish Engulfing Candlestick Pattern - which is a signal for trend reversal.
After a downtrend, it should look to recover.
Currently, it's following these Elliot Waves and this Fibonacci Retracement.
Needs to break 48k sats to confirm wave 3.
I believe this last low is the higher low and it is in a great position to start Wave 3.
DISCLAIMER:
I'm relatively new to trading so take this advice at your own risk. Any advice/feedbacks/comments are greatly appreciated! :)
4hr Bullish PatternArk was on a downtrend; however, these last two candles are looking to form a Bullish Engulfing Pattern. (If it doesn't engulf, then it'll at least form a Bullish Piercing Pattern)
Anyways, if you don't know what this means - it means a potential trend reversal.
Waiting for candle to close for confirmation then will look to buy in.
If I make this trade, will look for an exit around 42.5k satoshis.
Thanks for reading!
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)